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Good morning, tech fam; here are some quick tech updates for you to catch up to!
What’s New Today: Apple iPad Air with M3 Chip Set to Launch in April This Year
Fast-Track Insights: US VC Firm Launches $50M Fund for Indian Tech Startups
Here’s a quick rundown of the biggest tech headlines making waves today. From the Apple iPad Air with M3 Chip Set to Infosys, Wipro Accelerating Fresher Hiring, let’s dive into the top tech stories of the day.
Apple is set to launch next-generation iPad Air models featuring the M3 chip in April 2025, offering performance boosts up to 15% over the previous M2 models. The iPad Air will come in 11-inch and 13-inch sizes, retaining its sleek design. Key upgrades include a new Magic Keyboard with function keys, a potential 90Hz refresh rate display, and Wi-Fi 7 support for faster connectivity. These improvements make the iPad Air ideal for multitasking, video editing, and gaming. Apple is expected to announce the models by March or April 2025, with production beginning in Q2.
A US-based venture capital firm has launched a $50 million fund to support Indian tech startups. The fund is designed to invest in early-stage companies across various sectors, including artificial intelligence, blockchain, and fintech. The initiative highlights the growing interest from global investors in India’s booming tech ecosystem, which continues to attract innovation and talent. With a focus on high-potential startups, the fund aims to foster growth, scalability, and global expansion. This move signals confidence in India’s tech industry, positioning it as a key player in the international market for tech innovation and entrepreneurship.
Major Indian IT companies, including Infosys, Wipro, TCS, and HCLTech, reported muted third-quarter results in January but provided optimistic forecasts for fresher hiring in FY26. Infosys plans to hire 20,000 freshers, up from 15,000 this year, while Wipro aims to recruit 10,000-12,000 new graduates. TCS will increase its fresher hiring from 40,000 in FY25 to meet higher growth prospects. HCLTech reduced its fresher hiring target to 7,000 from 10,000, with 6,000 already hired. The push for fresher hiring reflects the sector's focus on cost reduction and bringing in flexible, tech-savvy talent.
The $TRUMP memecoin launched recently has skyrocketed in value, making Donald Trump's crypto holdings worth up to $58 billion, potentially placing him among the world's top 25 richest individuals. The coin, issued on the Solana blockchain, has created a volatile asset that allows global speculation on Trump's political future. While the Biden administration considers memecoins securities under SEC regulation, the incoming Trump administration plans to regulate them lightly. The coin's website denies any political ties but encourages speculative buying. Trump's entities control most of the coins, which could generate billions annually. Melania Trump also launched a coin, MELANIA.
Sora AI is emerging as a powerful tool for video content creation in the fast-paced world of digital media. Developed by OpenAI, this innovative platform makes it easier for users to produce professional-grade videos for marketing, education, or social media. With its intuitive video content tools and AI video editing software, Sora AI simplifies video production, making it accessible to creators of all levels.
